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Tag Archives: Budget and Control Board
Lawmaker: Budget and Control Board Does ‘Jam-Up’ Job
On Jan. 26 the S.C. Senate debated a bill that would abolish the Budget and Control Board – the powerful five-member board that runs state government. Although observers of both parties have usually agreed that the Board system has not … Continue reading
Amid Building Spree, Schools Should Ponder Tuition Costs
Comptroller General Richard Eckstrom notes during the Dec. 15 Budget and Control Board meeting that several state universities are seeking approval for multi-million-dollar projects. Eckstrom says it would be nice if these schools could find a way to cut back on … Continue reading
Restructuring: Lots of Talk, Little Action
“Restructuring” might have been the buzzword of this year’s legislative session, but in the end, there was a whole lot of talk – and even an emergency S.C. Supreme Court ruling – with no concrete results. Take the State Agency … Continue reading
Posted in Accountability, Budget and Control Board, General Assembly, Legislation, State Agencies
Tagged Board of Economic Advisors, Budget and Control Board, Department of Administration, Rep. Chandra Dillard, Rep. Garry Smith, Rep. Kris Crawford, Rep. Murrell Smith, Rep. Phillip Lowe, Restructuring, Sen. Larry Martin
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Legislators: Law on Budget Process has been Ignored
A handful of legislators surveyed by The Nerve says the General Assembly has failed to adhere to state law when crafting South Carolina’s annual budget. “It was brought to my attention at the end of the last session that the … Continue reading
Loftis Spars with Eckstrom at BCB Meeting
After a brief explanation of how the state Infrastructure Bank works, S.C. Comptroller General Richard Eckstrom (out of view) draws the ire of state Treasurer Curtis Loftis by asking why he didn’t know that the S.C. Department of Transportation was behind in its payments. Continue reading
State Retirement Costs Eat Bigger Piece of Funding Pie
As a funding gap in the state retirement system has opened up in recent years, the burden of narrowing the gap has been placed disproportionately on South Carolina taxpayers, records from the state comptroller general’s office show. This has resulted … Continue reading
Four BCB Members Reject Retirement System Proposal
We don’t want to talk about it. That’s the unspoken response S.C. Treasurer Curtis Loftis received last week from his four colleagues on the state Budget and Control Board when he asked them to consider a proposal he had put … Continue reading
‘Extra Session’ Dustup Could Eclipse Vote to Nix BCB
In a perhaps unprecedented move, the S.C. Senate has voted unanimously to abolish the unique, long-criticized hybrid of the executive and legislative branches of state government that is the Budget and Control Board.
In doing so, however, the Senate set itself on a collision course with Gov. Nikki Haley in a showdown that could end up being decided by the third branch of state government – the judiciary. Continue reading
Posted in Budget and Control Board
Tagged Bobby Harrell, Brad Hutto, budget, Budget and Control Board, Department of Corrections, Department of Probation, Garry Smith, Glenn McConnell, Mark Sanford, Michael Hitchcock, Nikki Haley, Parole and Pardon Services, Senate, Session, Shane Massey, Tom Davis, Vincent Sheheen
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Boeing Bonds Illegal in South Carolina?
S.C. Treasurer Curtis Loftis might have unwittingly opened a debate about whether the sale of $270 million in state bonds to help aerospace giant Boeing build an aircraft assembly plant in North Charleston violated the S.C. Constitution. Continue reading
Posted in Boeing
Tagged Bobby Harrell, Boeing, Budget and Control Board, Curtis Loftis, Glenn McConnell, Joe Taylor
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Budget and Control Board Seeks Second Opinion on Retirement Gap
When people know they have a medical problem, but are not convinced it has been diagnosed correctly, they often will seek a second opinion on it. This is fairly common practice, as well, in the nexus of government and politics, … Continue reading
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